WASHINGTON — The World Trade Organization has rejected the 2018 import taxes that then-President Donald Trump imposed on foreign steel and aluminum, saying they violated global trade rules. Trump’s tariffs of 25% on foreign steel and 10% on aluminum outraged America’s long-standing allies, including the European Union and Japan, because he relied on a little-used provision of U.S. trade law …
Highlights US and UK reached a consensus to end tariffs on British steel and aluminum. At a meeting in Baltimore on Tuesday, US and UK reached a consensus to end tariffs on British steel and aluminum that was imposed during the Trump administration in the United States. In 2018, President Donald Trump imposed tariffs of 25% on imported steel and …
Aluminum hit a record and nickel jumped to an 11-year high as traders brace for supply disruptions from Russia — a major producer of both metals — at a time when global stockpiles have already shrunk dramatically. Russia’s United Co. Rusal International PJSC is the biggest aluminum producer outside of China and MMC Norilsk Nickel PJSC accounts for about 10% …
